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04/07/2008

UK IT chief takes axe to budgets

Newly appointed UK government IT chief Martin Read is to implement a wide-reaching programme to slash government spending over the next 12 months.



27/06/2008

London Stock Exchange and Lehmans to launch fast algorithm exchange

The London Stock Exchange and investment bank Lehman Brothers are to launch a high speed exchange platform as competition heats up from super-low latency rivals.



24/06/2008

Service level agreements are failing - Forrester

There is a fundamental mismatch between the service level agreements signed by IT departments and business units and the business objectives the SLAs are meant to deliver.


06/06/2008

HSBC renews Capgemini IT deal

HSBC has renewed its IT services deal with Capgemini for a further two years.


22/05/2008

IT salaries rose 4% last year, report

Salaries for new IT jobs have risen 4.1 per cent in the last 12 months, according to a new report.


16/05/2008

BA profits fly high out of T5 and fuel pressures

Operating costs from all departments deliver good results in a turbulent year for BA


14/05/2008

Outsourced Gov IT deals power on Serco

Serco hopes to remain powerful with increased business in nuclear power clean up


07/05/2008

Easyjet struggles with fuel prices, but integration a success

Fuel bill rises as Easyjet lowers IT costs full year results to March reveal


06/05/2008

“Prudent” Lloyds TSB could weather banking crisis

Cost management and good investments provide a cheery banking story


01/05/2008

Thomson Reuters strong on efficiencies

Financial and scientific information services company looks ahead as combined giant


30/04/2008

Strong UK market benefits Standard Life

Efficiencies continue to improve Standard Life performance

DWP steps up IT expenditure

The Department for Work and Pensions is set to significantly increase its expenditure over the next two years on a number of major IT projects.

UK gov't websites are 'out of control'

The number of UK government websites has reached as many as 2,500, but more than a quarter of public sector bodies still do not know how much their sites cost, according to the Committee of Public Accounts.


25/04/2008

Virgin Trains rolls out £750k financial system

Virgin Trains is rolling out a £750,000 financial management system to automate and simplify accounting processes, and cut costs.


24/04/2008

Despite outsourcing deals, restructure dents AstraZeneca Q1

First quarter bears the brunt of costs of change at pharmaceutical giant


23/04/2008

GSK reports operating profit fall

Competition and research hold back GSK, Lucozade adds some energy though

JP Morgan splashes £15m on Temenos platform

JP Morgan Chase will spend $30 million (£15.1 million) rolling out a centralised operating platform from banking specialist Temenos, to support its treasury management, liquidity services businesses and global expansion.


18/04/2008

Google beats estimates with $1.3bn profit

Google posted solid growth in its revenue and profit during 2008's first quarter and exceeded Wall Street expectations in both categories, amid widespread concern that the search engine giant's results would be weak.


04/04/2008

CIOs report budget fears are US problem only

Europe and Asia Pacific CIOs are independent of economic fears in the US


02/04/2008

Bank's IT budgets hit by slowdown

Job cuts and further tough times ahead


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